VER - Realty Income's Purchase Of VEREIT Is A Home Run For Both Sides
- O bought VER in an accretive deal.
- The accretion comes from the issuance of expensive stock to buy a low multiple company.
- We see future M&A activity in the space with the cheap triple nets being the beneficiaries.
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Realty Income's Purchase Of VEREIT Is A Home Run For Both Sides